Next Mediaworks (NSE:NEXTMEDIA) Interest Expense : ₹-206.6 Mil (TTM As of Mar. 2024)

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What is Next Mediaworks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Next Mediaworks's interest expense for the three months ended in Mar. 2024 was ₹ -50.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-206.6 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Next Mediaworks's Operating Income for the three months ended in Mar. 2024 was ₹ -32.6 Mil. Next Mediaworks's Interest Expense for the three months ended in Mar. 2024 was ₹ -50.7 Mil. Next Mediaworks did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Next Mediaworks Interest Expense Historical Data

The historical data trend for Next Mediaworks's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Next Mediaworks Interest Expense Chart

Next Mediaworks Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-99.50

-118.80

-156.30

-183.10

-206.60

Next Mediaworks Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-44.00	-50.00	-52.70	-53.20	-50.70

Next Mediaworks Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-206.6 Mil.

Next Mediaworks (NSE:NEXTMEDIA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Next Mediaworks's Interest Expense for the three months ended in Mar. 2024 was ₹-50.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-32.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,112.6 Mil.

Next Mediaworks's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Next Mediaworks did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Next Mediaworks (NSE:NEXTMEDIA) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Next Mediaworks Ltd (NSE:NEXTMEDIA) » Definitions » Interest Expense

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532416:India

Address

18-20, Kasturba Gandhi Marg, Hindustan Times House, 2nd Floor, New Delhi, IND, 110001

Website

https://www.nextmediaworks.com

Next Mediaworks Ltd is an Indian based company engaged in the FM Radio broadcasting business. It operates under frequency 94.3MHz in all its cities except for the city of Ahmedabad where it operates under the frequency 95 MHz. The company has one operating segment, i.e. Media and Entertainment.

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